$RTN,...Raytheon announces $131M contract from FAA
The FAA has awarded Raytheon (RTN) with a $131M contract for Wide Area Augmentation System (WAAS) Dual Frequency Operations (DFO) Segment 1.
WAAS is the U.S.' Satellite-Based Augmentation System designed to promote air traffic safety.
Under the terms of the contract, Raytheon will enhance overall system capability as the FAA moves toward a dual frequency system.
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